512 Herring Avenue

Waco, TX 76708

  • 2 Bed(s)
  • 2 Bath(s)
  • 1,400 Sqft
  • 0.1354
    Acre(Lot)
$225,000

Description

One block from cameron park, updated 2/2, appliances included. the lot to the left of the house, 508 herring lot is included in the sale. the house is zoned r-3e and eligible for a short-term rental license, str type ii for a permit by right. the lot to the left is suitable for a nice outdoor space or buyer could chose to build. the lot is located in the opportunity zone. the owner will finance as an investment property with 15% down. the owner will consider lower down payment for owner occupant.

owner finance
$225,000, $33,750 down
360 months / 7%

loan payment will include escrows and servicing fees
piti $1272.39
taxes 293.26
ins 125.00 (contact insurance company to get a quote - short termrental insurance will be higher)
35.00 servicing fee
$1,725.65 estimated payment including taxes and insurance

buyer closing costs: $1250.00
rmlo documents $495.00 (excluded for investor purchase)

one year house insurance paid at closing & 2 months escrow taxes & insurance
$586 - property tax escrow (based of 2024 taxes)
$250 - insurance escrow (estimated, actual amount based on buyer ins)
loan documents will be dodd frank compliant

  • Property Type

    Residential
  • County

    McLennan
  • Style

    Residential
  • AD ID

    48434647

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BuyOwner last updated this listing 01/30/2025 @ 22:20

  • MLS: 227753
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Waco

is a Home, with 2 bedrooms which is for sale, it has 1,400 sqft, 0 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Waco , in zip code 76708, this McLennan County Home , it is in the Metes And Bounds Subdivision, and are nearby neighborhoods.